Tuesday, December 1, 2020
Tags Financial Stability and Development Commission

Tag: Financial Stability and Development Commission

Liu He Flags Future Regulatory Thrust at First Meeting with Financial Authorities

Chinese vice premier Liu He (刘鹤) has stressed the urgent need for greater risk prevention and improved administrative coordination at his first meeting with financial...

Official Document Reveals China’s Plans to Merge Banking and Insurance Authorities

An official government document indicates that China will merge the China Banking Regulatory Commission (CBRC) and the China Insurance Regulatory Commission (CIRC) according to...

Zhou Xiaochuan Flags Bigger Regulatory Role for Central Bank

The head of the Chinese central bank says that it is set to play a more important role following the launch of changes to...

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China Eclipses US as Leading Overseas Market for Asia-Pacific Companies: HSBC Survey

A survey from HSBC indicates that China has edged out the US as the biggest foreign market for firms located in the...

Strategist Advises Investors to Raise Chinese Portfolio Allocations to 20% in Preparation for “New World Order”

A Singapore-based investment strategist recommends lifting Chinese assets to around 20% of portfolios during the course of the 2020's, in order to...

State-owned Bond Defaulter Owes USD$5.1 Billion to Chinese and Foreign Creditors

A state-owned automaker who defaulted on a 1 billion yuan bond in October owes many billions more to multiple creditors in China...

Meituan Posts 364.6% Profit Growth in Third Quarter of 2020

Online shopping giant Meituan-Dianping has posted a strong performance in the third quarter of 2020 as China's economy continues to convalesce from...